This Week in the News…

Posted: July 28, 2000 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am

Following are highlights of national news coverage George Mason received during the past week:

Saturday, July 22, Straits Times (Singapore)

Big Thinker Sees the Big Picture

“For someone who has a habit of generating controversial headline-grabbing ideas, Professor Francis Fukuyama is almost shockingly understated and low-key in person…. ‘Singapore has tried to create a fairly orderly and controlled society and the whole business of scholarships is one element of that policy. But in the global economy, it’s hard to maintain that kind of control over people,’ notes Fukuyama, who is on his first visit here but read about the bond breaking issue on the plane. ‘There is this bigger problem in the global economy right now where there’s a great deal of fluidity. The ability to tie people down to a particular job, or even to a particular country, gets more and more difficult. Singapore’s problem is a subset of that larger issue.'”

Sunday, July 23, Washington Post

Brentsville Tries to Re-create Its Past: Preserved Buildings Envisioned as Historical Village

“Preservationists say Prince William has more history worth remembering than most residents realize…. The ambition of turning the site into a rural historical village is both modest and difficult. There simply aren’t as many preserved houses and sheds used by average working people as there are plantations and mansions. ‘For a long time, the focus was on the buildings of the landed gentry,’ said Wilkie Leith, an English professor at George Mason University who is working to preserve and develop the Brentsville site. ‘The destruction of the average rural country structures was not seen as the destruction of history. These buildings are rare, especially in Virginia, because they weren’t revered. To find a 24-acre site in Prince William with significant history to it is exciting, even if we have to move structures here and recreate it.'”

Monday, July 24, Securities Industry News

SEC Backs Off from Controversial CLOB, Data Proposals

“The Securities & Exchange Commission is expected to approve Tuesday very modest measures dealing with market fragmentation that will require increased disclosures on the part of broker-dealers relating to how they handle their customer orders. Just as significantly, the agency is also expected to back off from more radical proposals relating to market fragmentation, including those for a consolidated limit order book with time and price priority (called a hard CLOB) that drew fierce opposition from the industry…. The SEC’s pending actions come in the face of strong opposition from the securities industry in general and specific forceful comments from the NYSE, Nasdaq and other commentators–such as George Mason University’s Mercatus Center’s Wendy Graham in particular.”

Wednesday, July 26, National Public Radio, Morning Edition

Prime Minister Barak and Chairman Arafat Return Home to Much Different Welcomes

Linda Gradstein: “Arafat is being seen as standing tough in the face of strong Israeli and American pressure to compromise. Professor Yehuda Lukacs of George Mason University says both President Clinton and Prime Minister Barak made a fundamental mistake in judging how far Arafat could go.”

Yehuda Lukacs: “They believed that Arafat would be able to sign an agreement that is less than 100 percent of Palestinian control of Jerusalem. After all, Yasser Arafat, when he negotiates the fate of Jerusalem, speaks not only on behalf of the Palestinians but also on behalf of the entire Arab world, and most importantly, on behalf of the entire Muslim world. And any agreement that falls short of granting the Palestinians 100 percent sovereignty over East Jerusalem was not acceptable to Arafat, so he was unable to sign any agreement.”

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